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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values as of March 31, 2021 (in thousands):

 

 

Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

81,474

 

 

$

81,474

 

 

$

 

 

$

 

Corporate debt securities

 

 

13,115

 

 

 

 

 

 

13,115

 

 

 

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

 

161,007

 

 

 

 

 

 

161,007

 

 

 

 

U.S. Treasury securities

 

 

84,996

 

 

 

 

 

 

84,996

 

 

 

 

U.S. government debt securities

 

 

5,059

 

 

 

 

 

 

5,059

 

 

 

 

Total cash equivalents and marketable securities

 

$

345,651

 

 

$

81,474

 

 

$

264,177

 

 

$